Risk and Compliance Manager

About the role

DFCU Bank is seeking a Risk and Compliance Manager to lead the development and oversight of its risk management framework across the bank and its non‑bank entities. The role will ensure compliance with Ugandan regulatory requirements and embed a strong risk culture throughout the organization. Reporting to senior management, the manager will present risk exposure and compliance updates to the Board.

Key responsibilities

• Develop, maintain and obtain Board approval for the risk management framework, taxonomy, appetite statement and supporting policies.
• Maintain the risk register and monitor top and emerging risks across strategic, financial, operational, conduct, technology, legal and reputational areas.
• Facilitate risk and control self‑assessments, monitor adherence to risk appetite, and track mitigation actions to closure.
• Prepare and present risk exposure reports, trend analysis and mitigation recommendations to the Board and Management Committees.
• Maintain a regulatory obligations register, map obligations to business units and ensure timely reporting to regulators.
• Monitor compliance with the Financial Institutions Act, Anti‑Money Laundering Act, Capital Markets Authority regulations, Data Protection Act, Companies Act and other relevant statutes.
• Support first‑line ownership of risk and embed risk awareness across parent and subsidiary entities.
• Liaise with Ugandan regulators and coordinate board‑level reporting.

Required profile

• Degree in law, finance, accounting, economics, business administration, risk management or a related discipline; postgraduate qualification is a plus.
• Professional certification such as CAMS, ICA Diploma, CRMA, CIA, CRISC, CGRC, PRM, FRM, CPA(U), ACCA or admission as an Advocate of the High Court of Uganda.
• Minimum 3‑5 years of experience in risk management, compliance, regulatory affairs, internal audit or financial services legal practice.
• Proven experience engaging with financial sector regulators and presenting reports to a board or board committee.
• Working knowledge of the Ugandan regulatory framework (Financial Institutions Act, Bank of Uganda guidelines, AML Act, CMA Act, Data Protection Act, Companies Act, NGOs Act) and international standards (FATF, Basel, COSO ERM, ISO 31000, ISO 37301, IIA Three Lines Model).

Required skills

• Excel
• Word
• PowerPoint